NOT LISTED FOR SALE

Estimated Value: $806,214

-- Bed
-- Bath
6,612 Sq Ft
$122/Sq Ft Est. Value

Last Sold August 08, 2017

Last sale price $500,000 $76 Per Sq Ft

Est. 61% increase in value since last sale

Current estimated payment $5,351/month

157 Days on Market

About This Home

As of August 2017

xcellent investment opportunity on Accord Main Street, cap rate of 8.6%. Fully occupied, with US Post Office as anchor tenant and 6 renovated apartments. All apartments with individual furnaces and hot water heaters, all new. Replaced windows, baths and kitchen appliances. Three 2-bedroom apartments between 650 and 750 sq ft, and three 1-bedroom apartment with approximately 850 sq ft. Post office with 1,140 sq ft, air conditioned. Newly paved sidewalk, parking lot and wheel chair access ramp.,AboveGrade:6600,FLOORING:Wood,Laminate,Tile,OwnerPays:Maintenance,Taxes,ExteriorFeatures:Outside Lighting,ROOF:Rubber,EQUIPMENT:Carbon Monoxide Detector,Smoke Detectors,FOUNDATION:Concrete

Last Listed By

Laurel Sweeney

BHHS Nutshell Realty License #30SW0956510 Listed on: 10/17/2016

BHHS Nutshell Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $11,751

Year Built

  • Built in 1940

Lot Details

  • 0.65 Acre Lot
  • Two or More Common Walls

Home Design

  • Block Exterior
  • Stucco

Schools

  • Marbletown Elementary School
  • Rondout Valley Junior High School
  • Rondout Valley High School

Utilities

  • Forced Air Heating and Cooling System
  • Hot Water Heating System
  • Private Water Source
  • Well

Additional Features

  • Unfinished Basement

Community Details

  • 7 Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$11,751

Year Built

Built in 1940

Lot Details

0

Listing Details

  • Property Type: Residential Income
  • Property SubType: Multi Family
  • Year Built: 1940
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Living Area Units: Square Feet
  • Common Walls: 2+ Common Walls
  • Basement: Unfinished
  • SquareFootageSource: Municipality

Exterior Features

  • Construction Materials: Block, Stucco

Garage/Parking

  • Attached Garage: No
  • Garage: No

Utilities

  • Cooling: Central Air, None
  • Cooling: Yes
  • Heating: Forced Air, Hot Water
  • Water Source: Well, Private

Condo/Co-op/Association

  • Senior Community: No

Schools

  • Middle School: Rondout Valley Junior High School

Lot Info

  • Lot Size Acres: 0.65
  • Lot Size Area: 0.65
  • Lot Size Units: Acres
  • Zoning Description: COM 1
  • Property Attached: Yes
  • ResoLotSizeUnits: Acres

Multi Family

  • Units Total: 7

Tax Info

  • Tax Annual Amount: 11751

MLS Schools

  • Elementary School: Marbletown Elementary School
  • High School: Rondout Valley High School
  • Middle School District: Rondout Valley

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Oct 17, 2016
Closed on
Aug 8, 2017
Sold by
Stone Ridge Equities Llc
Bought by
Accordable Developments
Seller's Agent
Laurel Sweeney
BHHS Nutshell Realty
Buyer's Agent
John Schweitzer
Furumoto Realty of Harrison
List Price
$780,000
Sold Price
$500,000
Premium/Discount to List
-$280,000
-35.9%
Total Days on Market
157
Current Estimated Value
$806,214

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$306,214
Avg. Annual Appreciation
6.36%

Purchase Details

Closed on
Jun 26, 2015
Sold by
Brenda C Reiss /Tr and Reiss Brenda C
Bought by
Stone Ridge Equities Llc

Purchase Details

Closed on
Dec 6, 2011
Sold by
Gillis Verna
Bought by
Brenda C Reiss and Reiss Brenda C

Range of Values:

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Average Value
Not Available
List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Accordable Developments $500,000 --
Stone Ridge Equities Llc $221,430 --
Brenda C Reiss -- --
Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/08/2017 08/08/17 Sold $500,000 -35.9% $76 / Sq Ft
03/24/2017 03/24/17 Pending -- -- --
10/17/2016 10/17/16 For Sale $780,000 -- $118 / Sq Ft
Source: OneKey® MLS

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $12,880 $500,000 $27,500 $472,500
2023 $12,770 $500,000 $27,500 $472,500
2022 $11,675 $500,000 $27,500 $472,500
2021 $11,675 $500,000 $27,500 $472,500
2020 $21,878 $500,000 $27,500 $472,500
2019 $11,751 $500,000 $27,500 $472,500
2018 $21,164 $450,000 $27,500 $422,500
2017 $11,657 $450,000 $27,500 $422,500
2016 $11,642 $450,000 $27,500 $422,500
2015 -- $450,000 $27,500 $422,500
2014 -- $450,000 $27,500 $422,500
Source: Public Records

Agents Affiliated with this Home

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Map

Source: OneKey® MLS

MLS Number: KEYM355893

OneKey® MLS

APN: 4400-077.009-0001-050.100-0000